How Simplii Works.
Easily set targets, track activities and share results. The platform fits sustainability into your regular workday, helping you manage your sustainable business strategy effortlessly.
How It Works
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Set Goals Aligned with Standards
Simplii helps you define actionable sustainability goals, starting with preloaded, industry-specific disclosure topics. This feature auto-populates relevant content based on your industry, making it easy to get started and stay aligned with global standards like ISSB’s IFRS S1 and S2.
Input and Organize Data
Use the platform to collect and organize your company’s data effortlessly, or integrate manual entries through Simplii’s QR-enabled workbook and sync them with the platform via a companion app. This enables users to efficiently transition between physical and digital workflows, offering the flexibility to take the QR-enabled workbook to meetings, use it in areas with limited Wi-Fi, and stay organized on the go.
Educate and Activate Your Supply Chain
Simplii includes tools designed to engage your supply chain, helping suppliers understand sustainability goals and their role in achieving them. Provide guidance, assign tasks, and track progress to activate your enterprise’s broader ecosystem.
Gain Insights and Track Progress
Simplii’s analytics tools offer deeper insights, allowing you to measure performance against your goals. Monitor progress across teams and supply chains, ensuring alignment and continuous improvement.
Collaborate and Validate
Simplii enhances teamwork with features that simplify task assignments and supply chain collaboration. It also helps you gather and validate key documents, ensuring transparency and accuracy in disclosures.
Share Professional Reports
Simplii generates stakeholder-ready reports that showcase your progress and achievements. Use these reports to build credibility, engage stakeholders, and strengthen your competitive position.
Easy as 1.2.3.
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Get Started Quickly Industry-specific topics are auto-populated, giving you a head start on your reporting journey.
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Activate Your Supply Chain Provide suppliers with tools and education to align with your sustainability goals, driving collaboration and accountability
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Track and Validate Performance Organize data, validate results, and generate disclosures that stand up to scrutiny.
Benefits You Gain
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Faster Onboarding: Get started with industry-specific guidance tailored to your business.
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Efficient Collaboration: Equip your supply chain with the tools they need to contribute effectively.
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Trusted Reports: Build credibility with transparent, validated disclosures.
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Stronger Insights: Access analytics to drive data-informed decisions.
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Competitive Edge: Align with global standards and position your business as a sustainability leader.
Introduction to
The Sustainability Ledger help guide for aligning with CSRD
This guide simplifies how to align your Sustainability Ledger with both the International Sustainability Standards Board (ISSB) and European Sustainability Reporting Standards (ESRS) to support the Corporate Sustainability Reporting Directive (CSRD). These standards are highly compatible, especially for climate-related reporting, making it easier for you to meet global sustainability disclosure requirements. Whether you start with ISSB or ESRS, this guide will help you prepare for both, focusing on materiality, presentation, and specific climate-related disclosures.
1. Materiality Assessment
Action:
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- Double Materiality: Start by evaluating sustainability matters through the lens of double materiality. Document not only how these issues impact your company’s financial performance but also how your company affects the environment and society.
Where to Record:
- Use the Materiality definition section on page 340 in your ledger as a starting point and the Materiality Assessment Template on page 16 and 17 for additional guidance. For environmental impacts, use the Climate Strategy section beginning on page 95 to record material information.
2. Governance
Action:
- Governance Details: Record detailed information about your governance structures, including:
- Composition and diversity of governance bodies (gender, executive vs. non-executive members).
- Relevant experience in sectors, products, and geographic locations.
- How governance bodies are kept informed about sustainability matters.
Where to Record:
- In the Governance section, use the Board Matrix found on Page 8 and 9 to record these details. Ensure this information is updated regularly.
3. Strategy
Action:
- In the Stakeholder Engagement section beginning on page 141, thoroughly record all engagement activities, including details on who was involved, methods of engagement, and key insights or outcomes. This section should serve as the primary record of all stakeholder interactions.
- In the Strategy section, summarize how stakeholder input has influenced your sustainability strategy. Document how these insights have shaped your strategic decisions, goals, and action plans, ensuring that the impact of stakeholder engagement is clearly reflected in your strategy.
Where to Record:
- Stakeholder Engagement Section: Use this section to capture all detailed information about your engagement activities.
- Strategy Section: Provide a summary of how stakeholder engagement has informed and influenced your overall strategy.
4. Risk Management
Action:
- Enhanced Risk Assessment: Record how you assess the likelihood, magnitude, and nature of sustainability-related risks. Include details on how these risks are prioritized in relation to other business risks.
Where to Record:
- In the Risk Management section beginning on page 59, detail the company’s risk assessment processes. For climate-related risks, provide details starting on page 114. Document the use of risk assessment tools and methods.
5. Metrics and Targets
Action:
- Disaggregation of GHG Emissions: Break down your Scope 1 and Scope 2 greenhouse gas emissions. Ensure they are categorized between the consolidated accounting group and other investees.
- Comprehensive Target Setting: Record gross greenhouse gas reduction targets and ensure they align with the CSRD requirements. Avoid labeling net targets as gross reductions.
Where to Record:
- Use the Metrics and Targets section beginning on page 124 to capture this additional data. Include clear definitions and explanations for each target.
6. Scenario Analysis
Action:
- Scenario Disclosure: Provide detailed documentation on how you use scenario analysis for climate resilience. Make sure to state whether you’ve used scenarios aligned with international agreements like the Paris Agreement.
Where to Record:
- In the Climate-themed section, record details beginning on page 112.
7. Carbon Credits
Action:
- Carbon Credit Reporting: Document only carbon credits verified against recognized quality standards. Differentiate between carbon credits and other greenhouse gas removal projects.
Where to Record:
- in the climate-themed Metrics and Targets section beginning on page 124, record information about carbon credits. Include details on verification, quality standards, and the credibility of the credits used.
8. Use of Industry-Based Metrics
Action:
- Industry Metrics: Refer to relevant sector-specific standards to identify and document applicable industry-based metrics.
Where to Record:
- In each relevant section (e.g., Strategy, Metrics and Targets), ensure that industry-specific metrics are recorded and clearly labeled.
9. Additional Disclosure Requirements
Action:
- Incremental Disclosures: Include any additional data points required by ESRS, such as incentive schemes, due diligence processes, and internal controls over sustainability reporting.
Where to Record:
- Expand the relevant sections (Governance, Strategy, Risk Management) to incorporate these incremental disclosures. Use clear headings and labels to ensure all information is easily accessible.
10. Assurance and Verification
Action:
- Assurance Documentation: Record the extent of assurance provided for your sustainability data. Include details about the verification process and third-party involvement.
Where to Record:
- In the Metrics and Targets sections, confirm if the information has been verified and identify the 3rd Regularly update this information as new assurances are conducted.
You’re Now Ready to Enhance Your Sustainability Reporting!
By following this guide, you’ll ensure that your Sustainability Ledger is aligned with European standards. Regularly update your ledger with the additional information and continue to use it as a powerful tool in your sustainability journey.
If you have any questions or need further assistance, feel free to contact us at info@7Centre.com.
To better understand, please
Read the ESRS-ISSB Standards Interoperability Guidance: